“The window of opportunity is fleeting. More efforts need to be made to push forward legal reform and open bottleneck on AVs,” Li added.
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Baidu’s EV project Jidu secures $400 million in Series A
Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April.
Posted inHeavy Hitters
Drive I/O | Shanghai automakers hit by lockdowns, China’s new push for driverless cars
Automakers in China is struggling to regain the momentum lost during a citywide lockdown in Shanghai that began in late March.
